湖南湘投金天钛业科技股份有限公司 第二届董事会独立董事专门会议第一次会议决议 湖南湘投金天钛业科技股份有限公司（以下简称公司）第二届董 事会独立董事专门会议第一次会议于 2025 年 12 月 2 日以现场结合通 讯方式召开。公司于 2025 年 11 月 28 日以邮件、短信和微信等形式 通知了全体独立董事。本次会议应出席独立董事 3 名，实际出席独立 董事 3 名。经全体独立董事推选，本次独立董事专门会议由独立董事 王善平先生召集并主持会议。 本次会议召集、召开和表决符合《中华人民共和国公司法》《湖 南湘投金天钛业科技股份有限公司章程》《上海证券交易所科创板股 票上市规则》的规定。依照国家有关法律、法规之规定，本次会议经 过有效表决，通过了如下决议： 经审查，我们认为：公司拟作为有限合伙人以自有资金出资人民 币 5,000 万元参与新一代材料产业并购股权投资基金合伙企业（有限 合伙），占基金总认缴出资金额的 10%。该关联交易有利于公司在钛 及钛合金产业链上下游进行布局。公司借助投资机构的经验和资源， 能够拓宽投资方式和渠道，把握所在行业的投资机会。本次关联交易 遵循公平、公正、公允的市场化原则，符合法律 ...

中泰证券股份有限公司、中航证券有限公司 参与设立产业并购基金暨关联交易的核查意见 中泰证券股份有限公司（以下简称"中泰证券"或"联席保荐机构"）、中航 证券有限公司（以下简称"中航证券"或"联席保荐机构"）作为湖南湘投金天 钛业科技股份有限公司（以下简称"金天钛业"或"公司"）首次公开发行股票 并在科创板上市持续督导阶段的联席保荐机构，根据《证券发行上市保荐业务管 理办法》《上海证券交易所科创板股票上市规则》等相关规定履行持续督导职责， 对公司参与设立产业并购基金暨关联交易事项进行了核查，核查情况如下： 一、参与产业投资基金暨关联交易概述 关于湖南湘投金天钛业科技股份有限公司 （一）基本情况 公司拟作为有限合伙人与湖南湘投产业投资基金合伙企业（有限合伙）（以 下简称"湘投产业基金"）、常德德润产业发展有限公司（以下简称"德润公司"）、 陕西茂松科创有限公司（以下简称"陕西茂松"）、湖南财鑫资本管理有限公司（以 下简称"湖南财鑫"）、湖南能源集团金天科技有限公司（以下简称"金天科技"） 及湖南能源集团湘投私募基金管理有限公司（以下简称"湘投基金"）签署《新 一代材料产业并购股权投资基金合伙企业（有限合伙）合伙协 ...

Core Viewpoint - Jintian Titanium Industry (688750.SH) announced the establishment of an industrial merger and acquisition fund with a total scale of 500 million yuan, with the company planning to invest 50 million yuan, accounting for 10% of the total fund commitment, focusing on the titanium industry chain and high-end materials [1] Group 1 - The total scale of the industrial merger and acquisition fund is 500 million yuan [1] - The company plans to invest 50 million yuan of its own funds, representing 10% of the total fund commitment [1] - The investment direction will primarily focus on the titanium industry chain and high-end materials [1] Group 2 - The project stages will involve a reasonable allocation in early, mid, and mature phases [1]

Core Viewpoint - The company plans to invest RMB 50 million as a limited partner in a new generation materials industry merger and acquisition equity investment fund, representing 10% of the total committed capital of the fund [1] Group 1: Investment Details - The total scale of the industry merger fund is RMB 500 million [1] - The fund will primarily focus on investments in the titanium industry chain and high-end materials [1] - The investment strategy will involve a reasonable allocation across early, mid, and mature project stages [1]

Core Viewpoint - Jin Tian Titanium Industry experienced a slight decline in stock price, with significant financing activity indicating high investor interest despite a decrease in revenue and profit [1][2]. Financing Activity - On December 1, Jin Tian Titanium Industry's stock fell by 0.05%, with a trading volume of 81.76 million yuan. The financing buy-in amount was 12.54 million yuan, while the financing repayment was 9.49 million yuan, resulting in a net financing buy of 3.05 million yuan. The total financing and securities balance reached 173 million yuan [1]. - The current financing balance of 173 million yuan accounts for 4.04% of the circulating market value, which is above the 90th percentile level over the past year, indicating a high level of financing activity [1]. Company Overview - Hunan Xiangtou Jin Tian Titanium Industry Technology Co., Ltd. was established on April 8, 2004, and is located in Changde Economic and Technological Development Zone, Hunan Province. The company specializes in the research, production, and sales of high-end titanium and titanium alloy materials, primarily serving the aerospace, naval, and military sectors [2]. - The main products include titanium and titanium alloy bars, forgings, and components, with 96.40% of revenue derived from these products and 3.60% from other sources [2]. Financial Performance - For the period from January to September 2025, Jin Tian Titanium Industry reported a revenue of 425 million yuan, a year-on-year decrease of 31.27%. The net profit attributable to shareholders was 47.42 million yuan, down 59.42% compared to the previous year [2]. Shareholder Information - As of October 31, 2025, the number of shareholders in Jin Tian Titanium Industry was 13,600, a decrease of 1.56% from the previous period. The average number of circulating shares per shareholder increased by 1.59% to 6,124 shares [2]. - The company has distributed a total of 38.85 million yuan in dividends since its A-share listing [3].

（文章来源：证券日报） 证券日报网讯 12月1日，金天钛业在互动平台回答投资者提问时表示，公司10月31日的股东人数为 13592户。 ...

格隆汇12月1日｜有投资者在互动平台向金天钛业提问：三季度已过，公司2025年业绩明显比2024年同 期要差的多，请问主要是什么原因导致的？金天钛业回复称，公司2025年前三季度业绩较2024年前三季 度有所下滑，主要是受下游部分市场客户订单阶段性调整所致。 ...

Group 1 - The core business of the company is focused on the research, production, and sales of high-end titanium and titanium alloy materials, primarily serving the aerospace, naval, and military equipment sectors [2] - As of September 30, 2025, the company reported a revenue of 425 million yuan, a year-on-year decrease of 31.27%, and a net profit attributable to shareholders of 47.42 million yuan, down 59.42% year-on-year [2] - The company has a total of 13,800 shareholders, which is a decrease of 12.36% compared to the previous period, with an average of 6,029 circulating shares per shareholder, an increase of 14.11% [2] Group 2 - The company has distributed a total of 38.85 million yuan in dividends since its A-share listing [3] - As of September 30, 2025, the sixth largest circulating shareholder is Bosera Innovation Economy Mixed A, holding 712,900 shares, which is a decrease of 2,174 shares compared to the previous period [3] Group 3 - On November 18, the company's stock price fell by 2.31%, with a trading volume of 51.77 million yuan [1] - The financing buy-in amount on November 18 was 13.05 million yuan, while the financing repayment was 6.30 million yuan, resulting in a net financing buy-in of 6.75 million yuan [1] - The total balance of margin trading for the company as of November 18 is 144 million yuan, accounting for 8.66% of its circulating market value [1]

Core Viewpoint - The company, Hunan Xiangtou Jintian Titanium Industry Co., Ltd., will hold a Q3 2025 performance briefing on November 26, 2025, to discuss its operational results and financial status with investors [2][3]. Group 1: Event Details - The performance briefing will take place on November 26, 2025, from 16:00 to 17:00 [4][5]. - The event will be conducted via the Shanghai Stock Exchange Roadshow Center, allowing for online interaction [4][5]. - Investors can submit questions from November 19 to November 25, 2025, before 16:00, through the Roadshow Center or via the company's email [2][6]. Group 2: Participants - Key participants in the briefing will include Chairman Li Xinluo, Independent Director Wang Shanping, General Manager Fan Kai, Deputy General Manager and Board Secretary Zhu Liping, and Chief Financial Officer Tong Lin [5]. Group 3: Contact Information - For inquiries, investors can contact the company's board office at phone number 0736-7318996 or via email at ir@xtjtty.com [6]. Group 4: Post-Event Access - After the briefing, investors can access the event details and main content through the Shanghai Stock Exchange Roadshow Center [6].

Core Insights - The IASC International Aviation Value Chain Summit successfully concluded in Hunan, marking a significant event for the aviation industry, with over 300 executives from global aviation companies participating [1][2] - The summit emphasized the theme of "Open Skies, Open Markets," signaling a strong commitment from Chinese aviation material companies to integrate into the global system [2] - Jin Tian Titanium Industry, a leading high-end titanium material company, played a key role in hosting the summit and established a strategic partnership with the Global Aviation Cluster Alliance (GACP) [2][3] Company Overview - Jin Tian Titanium Industry is recognized as a national-level "little giant" enterprise, focusing on high-end titanium alloy bars, forgings, and components, and is one of the three major suppliers of high-end titanium alloys in China [3] - The company has a "one body, two wings" development strategy, with a strong foundation in the aviation equipment market and expansion into marine and civil aviation sectors [3][4] - The company has made significant investments in R&D, with a reported expenditure of 43.19 million yuan in the first nine months of the year, accounting for 10.17% of its revenue [4] Industry Outlook - The high-end titanium material industry is expected to rebound, driven by the restructuring of global supply chains and the recovery of military demand [6] - The marine economy is emerging as a new growth area for titanium materials, with projected demand in marine engineering and shipbuilding expected to reach approximately 2,555 tons and 4,733.6 tons in 2024, respectively [6] - Jin Tian Titanium Industry is well-positioned to capitalize on opportunities in both the aviation and marine sectors, leveraging its technological advantages and market expansion strategies [6]